Quarterly Update Announcement

EFORA ENERGY LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1993/000460/06) JSE Share Code: EEL ISIN: ZAE000248258 (“Efora” or “the Company” or together with its subsidiaries “the Group”) QUARTERLY UPDATE ANNOUNCEMENT Shareholders of the Company (“Shareholders”) are referred to the ongoing suspension in trading of the Company’s shares on the Johannesburg Stock Exchange…

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